Courtesy of Joe Bradshaw
Residential Unit Sales & New Listings Up for March Edmonton, April 5, 2021: Total residential unit sales in the Greater Edmonton Area (GEA)* real estate market for March 2021 increased 109.9% compared to March 2020 and increased 52.8% from February 2021. All residential average prices are up to $391,219, a 13.7% increase from March 2020, and up 3.5% from February 2021. Single-family homes sold for an average of $457,936, a 13.3% year-over-year increase from March 2020, and a 4.6% increase from February 2021. Condominiums sold for an average of $229,690, a 5.2% increase year- over-year, and prices are down 0.5% compared to February 2021. Duplex prices increased 11.1% from March 2020, selling at $348,280 which was a 1.5% increase from February 2021. “The Edmonton market in March saw a significant increase in year-over-year residential unit sales as well as month-to-month sales,” says REALTORS® Association of Edmonton Chair Tom Shearer. “There have also been more sales of single-family homes, condos and duplexes compared to March of last year as well as last month. It is important to keep in mind what we experienced last March with the global pandemic and provincial lockdowns as it relates to the impact on year-over-year numbers. With that said, we are still witnessing a very strong start to the spring market.” Source: REALTORS ® Association of Edmonton
AVERAGE SALE PRICES
$229,690 condo UP 5.2% year-over-year
$457,936 detached UP 13.3% year-over-year
ACTIVE LISTINGS (residential inventory)
SOLD LISTINGS 2,441
DAYS ON MARKET
SALES TO LISTING RATIO
Stats are Reflective of March 2021 Source: REALTORS ® Association of Edmonton Market values stated are of the average of Edmonton and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.
single family detached NEW LISTINGS condo
Cell: 780.940.1640 Office: 780.436.1162 Email: email@example.com Web: www.homesandgardensrealestate.com Joe Bradshaw Real Estate Associate 3659 99 St NW Edmonton, AB T6E 6K5
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